LUMN Options History — January 2023

In January 2023, LUMN traded between $5.04 and $6.04. ATM implied volatility averaged 60.8%, placing in the 76.6% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 15.3% (HV 20d: 45.6%). Max pain ranged from $5.00 to $8.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.17.

Notable Days

  • 2023-01-26: Highest Volume — 75,126 contracts
  • 2023-01-18: Largest IV spike — 14.1% change
  • 2023-01-18: Highest IV Rank — 96.0%
  • 2023-01-30: Largest Expected Move — 22.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.40$5.04$6.04$5.36$5.20
Max Pain$5.30$5.00$8.00$8.00$5.00
ATM IV60.8%50.9%68.9%50.9%65.0%
Expected Move18.5%12.6%22.8%12.6%22.3%
HV 20d45.6%36.5%53.1%43.5%51.3%
HV 60d58.0%56.0%59.9%56.7%58.9%
IV Rank76.6%52.7%96.0%52.7%86.6%
IV Percentile90.7%73.0%98.8%73.0%94.8%
Term Structure0.5%-9.3%12.0%10.3%-1.3%
VWIV64.5%47.3%78.1%47.3%75.3%
Skew 25d10.6%6.9%15.0%10.9%10.2%
Skew 10d20.0%12.2%29.1%18.5%29.1%
Call IV 25d56.8%48.2%62.3%48.2%58.4%
Put IV 25d67.4%55.6%73.7%59.1%68.5%
Bid-Ask Spread %4.432.1622.372.258.96
Gamma HHI0.240.140.620.200.36
Net GEX16.3K-1.3M918.6K65.1K-541.0K
Net DEX13.9M-13.9M33.4M25.8M14.2M
Net VEX-466.9K-500.7K-433.2K-453.7K-486.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.299.830.370.57
Total Volume19,257.26,83175,12612,19713,312
Total OI612,158.75489,329669,496637,675567,216

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$5.36$8.0050.9%12.6%43.5%52.7%47.3%10.9%10.3%65.1K25.8M-453.7K0.372.25N/AN/A8,9323,265370,105267,570
2023-01-04$5.41$8.0052.3%14.3%38.5%56.1%52.6%8.9%9.2%252.2K22.4M-465.4K0.472.16N/AN/A8,9544,240375,318268,403
2023-01-05$5.42$5.0054.4%19.3%37.0%61.2%64.5%9.2%8.5%359.6K20.0M-473.9K0.713.38N/AN/A4,6963,333378,486267,822
2023-01-06$5.44$5.0055.1%19.3%36.6%62.8%62.1%6.9%12.0%58.3K20.6M-468.3K0.502.81N/AN/A12,6176,323380,145269,594
2023-01-09$5.37$5.0060.0%18.9%36.5%74.5%65.5%9.3%3.4%19.0K21.3M-468.6K1.222.89N/AN/A4,5065,487378,102265,696
2023-01-10$5.54$5.0062.4%17.1%36.9%80.4%61.4%10.2%-4.7%245.2K12.8M-470.2K0.463.40N/AN/A4,6922,139380,505263,493
2023-01-11$5.80$5.0062.1%17.9%40.1%79.7%64.3%10.6%0.2%554.2K-179.9K-493.4K0.293.49N/AN/A13,3293,834384,025264,663
2023-01-12$6.04$5.0062.2%17.8%42.0%79.9%63.3%13.3%-1.1%918.6K-13.9M-500.7K0.384.08N/AN/A10,8124,105389,711265,923
2023-01-13$5.89$5.0060.3%17.0%43.2%75.3%60.3%12.8%-1.6%706.0K-7.1M-496.4K0.562.91N/AN/A5,9073,313391,708266,825
2023-01-17$5.61$5.0060.4%17.1%43.5%75.5%61.9%9.8%1.3%416.1K8.6M-474.1K0.963.91N/AN/A5,0714,880389,335263,131
2023-01-18$5.36$5.0068.9%19.8%46.6%96.0%67.4%11.8%-9.3%-38.3K21.6M-449.0K0.713.34N/AN/A7,9625,626390,675266,688
2023-01-19$5.04$5.0063.7%18.3%50.3%83.6%62.7%11.4%0.3%-1.3M33.4M-433.2K0.592.87N/AN/A13,9448,291393,798268,866
2023-01-20$5.20$5.0065.9%19.3%51.7%88.8%66.4%15.0%-4.1%85.6K25.3M-440.8K0.462.94N/AN/A13,3746,165397,650271,846
2023-01-23$5.13$5.0061.7%18.7%51.9%78.7%64.0%8.5%-0.6%79.2K13.7M-433.2K1.983.59N/AN/A13,77727,276265,072224,257
2023-01-24$5.30$5.0059.6%18.8%52.3%73.6%67.7%11.1%-2.9%-217.6K9.7M-446.4K0.7422.37N/AN/A16,44212,097272,913249,167
2023-01-25$5.29$5.0060.0%18.4%51.8%74.6%66.5%12.0%-1.7%-103.8K9.9M-463.7K0.603.84N/AN/A9,2015,543281,554256,222
2023-01-26$5.12$5.0064.3%20.4%53.1%85.0%70.7%8.6%-2.7%-493.0K16.9M-463.2K9.833.77N/AN/A6,93568,191287,292261,050
2023-01-27$5.29$5.0060.4%19.2%53.0%75.6%68.6%12.2%-4.3%-265.0K9.9M-477.9K0.383.09N/AN/A11,4984,324289,847266,932
2023-01-30$5.17$5.0066.8%22.8%51.7%90.9%78.1%9.6%-1.1%-520.9K13.1M-478.6K1.692.58N/AN/A7,71713,034285,789265,781
2023-01-31$5.20$5.0065.0%22.3%51.3%86.6%75.3%10.2%-1.3%-541.0K14.2M-486.8K0.578.96N/AN/A8,4854,827290,592276,624